3605 Redkey Dr SW, Grandville, MI, 49418 | $451/mo Cash Flow

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Grandville at 3605 Redkey Dr SW, Grandville, MI, 49418 at $684,900 posts ROI 22.46% with $451/mo cash flow from $4,985/mo rent. Total monthly income equals $4,985/mo, and annual cash flow records $5,414/yr on $225,332 to close. Return on cash invested measures 22.46% and rental yield reads 8.73% at the current $684,900. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,225 by year five. Five-year ROI prints 117.08% and total cumulative return in cash totals $263,823.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,985/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2012

0.30 Acres lot

$N/A/sqft

$210 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49418, Grandville, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,599 (100%)
Owner Occupied HU	9,108 (67.0%)
Renter Occupied HU	3,710 (27.3%)
Vacant Housing Units	781 ( 5.7%)
Median Home Value	$339,505
Average Home Value	$383,744